Downtown Sheraton at Capitol Square 75 E State St

Sheraton Columbus Hotel is a 403-room full-service hospitality building optimally positioned with premier visibility in front of over 20,000 vehicles per day at 75 E State Street in Columbus, Ohio. Significantly located in the heart of Columbus’ Capitol Square District, the Sheraton’s 21 stories boast spectacular views of Downtown Columbus and directly overlook the adjacent Ohio Statehouse and Statehouse Square. The Sheraton is connected to 65 East State, one of Columbus’ most prominently located properties, with almost 500,000 square feet of office space, an underground parking garage, and ground-floor retail and dining options. Both 65 East State and the Sheraton back up to Columbus Commons Park, an expansive, family-friendly, urban park and cultural epicenter for the city. Corporate demand at the Sheraton is prominent and primarily driven by 65 East State as well as other surrounding government, banking, and legal offices. With many employees returning to their offices, the Columbus office market is showing strong signs of recovery.

75 E State Street is ideally positioned only 1 mile from the 1.8 million-square-foot Greater Columbus Convention Center, which is one of the city’s primary demand generators. The Sheraton is also proximate to a myriad of cultural attractions, including the Ohio and Palace Theaters, with a combined capacity of almost 5,500 seats. Several major sports stadiums and arenas line the Downtown Columbus area, including the 18,500-seat Nationwide Arena, home of the Columbus Blue Jackets National Hockey League team, which is just five minutes from the hotel. In addition to hockey, the arena hosts a variety of MMA events, concerts, and sports games, making it a significant demand generator for the city and the hotel. Lower.com Field, the home stadium of Major League Soccer’s Columbus Crew, seats 20,139 spectators and is located just outside of Downtown Columbus, only six minutes from the Sheraton. Conclusively, Ohio State University and the legendary 105,000-seat Ohio Stadium are only 10 minutes away, making 75 E State Street the perfect destination for enthusiasts around the nation to have a home away from home.

Sheraton Columbus Hotel has a covered guest drop-off on the ground level of South Front Street, leading to an expansive lobby with multiple collaborative work and meeting stations. The Sheraton also houses and operates the highest-grossing retail Starbucks in Downtown Columbus, accessible from inside the lobby and from S Third Street. From the lobby, two escalators provide access to the second floor and the 6,076-square-foot Governor’s Ballroom. In total, the hotel boasts over 16,000 square feet of functional meeting and event space, split between nine rooms. Additionally, on the second floor is the hotel’s popular restaurant, Plaza Restaurant and Lounge, currently open for dinner for seven days a week. Four passenger elevators provide access to guestrooms on floors three through 21 of the Hotel. The Sheraton boasts spacious and unique room layouts, with the room mix including six suites, 249 king rooms, and 148 double rooms. Rooms have large bathrooms with tubs, granite vanities, and grand windows with breathtaking views of downtown. Incredible amenities at the Sheraton include a 24-hour fitness center, business center, and convenience store perfect for guests seeking a comfortable stay without sacrificing their routine.

The Sheraton provides investors the opportunity to acquire an expansive, urban hotel with incredible fundamentals, and tremendously well-positioned adjacent to one of the premiere office towers in Downtown Columbus. This premier acquisition at 75 E State Street features sought-after amenities within arm’s reach in a centralized location to all that the capital city has to offer, boasting perfect convenience for hotel guests and entertainment enthusiasts.

Property tours are available by appointment only on March 3-5 and March 10-12. Please contact the broker to schedule.

DO NOT DISTURB EMPLOYEES. Call the listing broker to schedule a tour.
Broker of Record: Amy Osborn with Alterra Real Estate Advisors OH License #411752.